On the anatomy of operational risk

@article{Silvestri2009OnTA,
  title={On the anatomy of operational risk},
  author={Alessandro M. Silvestri and Enrico Cagno and Paolo Trucco},
  journal={2009 IEEE International Conference on Industrial Engineering and Engineering Management},
  year={2009},
  pages={2174-2179}
}
The paper aims to contribute to the improvement of all the phases of the risk management process, enlarging the traditional description of cause-effect mechanisms (called “pathology” based risk analysis) with some “inherent” characteristics of operational risk that could impact on the organizations core capabilities (called “anatomy” based risk analysis). After the proposal of a new operational risk definition, the paper describes the anatomy modelling of operational risk. A case study in… CONTINUE READING

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